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Peoples Security Bank & Trust · 4 hours ago

Mortgage Loan Assistant

Bethlehem, PA

Full-time

Onsite

Entry Level

2+ years exp

Peoples Security Bank & Trust is a growing financial institution dedicated to community service. The Mortgage Loan Assistant will support the mortgage loan origination and underwriting functions, coordinate work within departments, and act as a liaison between Mortgage Loan Originators and other stakeholders.

BankingFinancial ServicesInsurance

Responsibilities

Performs a variety of duties to support the mortgage loan origination function as follows:

Assists with all aspects of secondary market, processing tasks, and loan origination, including compliance and satisfaction of but not limited to obtaining required information, compiles data, to support the completion of application process as may be directed in absence of the Mortgage Loan Originator

As necessary to achieve efficiencies and avoid customer service lapses; attend real estate closings, assist in clearing pre and post closing conditions, process pre-approvals, and update borrower data with all Loan Operating Systems

Adheres to processing instructions per secondary market requirements and effectively communicates with all staff in loan processing. In absence of the Mortgage Loan Originator, act as a liaison between Secondary Investors and Mortgage Loan Originators to move the mortgage pipeline through the loan processes to allow efficiencies and superior customer service

Utilizes the existing mortgage software to control the timely processing of each individual application. Support and assist Mortgage Loan Originators with enhancements and changes to operating systems to comply with appropriate standards and assure efficiencies

Coordinates the organization and procurement of required loan documentation, utilizing the appropriate checklist; maintains quality control on incoming files from branch offices for completeness; acts as a liaison with mortgage companies

Prepares file for disposition; communicates outstanding conditions, on a regular basis, to Mortgage Loan Originators in order for tracking and satisfying their outstanding documents with the centralized processing area and investor contacts

Verifies and processes a wide variety of mortgage information which will become part of the loan file, e.g., insurances, forms, etc

Inputs mortgage loan applications; processes verification forms; maintains loan applications log and processes mortgage pre-approval requests (as needed) in absence of Mortgage Loan Originators

Maintains required information and notifies appropriate personnel of information deficiencies as appropriate. Make sound judgment decisions based on secondary market knowledge to best service regulation, compliance, and customer service while at the same time affording us the opportunity to have the best product execution on behalf of our client base

Prepares a variety of letters and forms such as commitment letters, adverse action letters for declined loans, etc.; calculates estimated payments; type’s optional insurance disclosure and acknowledgment forms and verification of deposit and verification of employment forms

Supports the preliminary underwriting role of the MLO and assists with underwriting review as appropriate

Maintains HMDA registers for new loans, commitments, and denials

Provides information for, and assists in the preparation of, various loan reports as directed, i.e., fills out loan forms for demands, mortgages, construction loans and junior mortgages

Coordinates closing dates with settlement officer and loan processing area to allow for efficiencies and uniformity

Reviews final documentation for accuracy, signatures, and underwriting compliance prior to loan submissions

Performs other related duties as assigned or directed

Coordinates specific work tasks with other personnel within the department as well as with other departments in order to ensure the smooth and efficient flow of information and superior customer service

Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank's compliance with all regulatory requirements, e.g. Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc

Reports pertinent information to the immediate supervisor as requested, or according to an established schedule; compiles information as necessary or as directed and provides data to appropriate bank personnel

Responds to inquiries relating to his/her particular area, or to requests from customers, other Bank personnel, etc., within given time frames and within established policy in order to offer superior customer service

Qualification

Mortgage loan processingLoan originationPC skillsInterpersonal skillsMathematics skillsReading skillsGrammar skillsVisual skillsAuditory skillsAdministrative experienceCustomer serviceWriting skills

Required

A minimum of two (2) years' experience in related administrative positions required

Proficient reading, writing, grammar, and mathematics skills

Proficient interpersonal relations and communicative skills

Proficient PC skills

Visual and auditory skills

Valid driver's license

Preferred

A B.S. or B.A. degree in a business-related field preferred

Specialized bank and mortgage education and training

Prior experience with loan activity or function for consumer, auto, or mortgage loans is preferred

Benefits

College Tuition Reimbursement Benefit

Medical Plans

Dental Plan

Vision Plan

Life Insurance

Disability Insurance

401(K) Plan

ESOP Plan

Paid Time Off

Paid Holidays

Paid Volunteer Time Off

Employee Assistance Program

Banking Classes

Internal Advancement Opportunities

Company

Peoples Security Bank & Trust

Peoples Security Bank & Trust has become one of the largest independent community banks in eastern Pennsylvania with a footprint stretching through Pennsylvania, New York, and New Jersey.

Founded in 1905

Scranton, Pennsylvania, USA

201-500 employees